Silly me - I should have recalled, but the article was a few years ago now, that Jack Hamilton was referring to a LV based project with a slurry pipeline to port - he wasn't referring to BM.
So, you would think, that with BM having an existing upgraded rail to port and a mine already there that the cost should be a lot less.
I'm sure the feasibility studies which MNM will release after the JORC (which is only weeks away now and we believe North of 2 billion tonnes of BC) will tell us more about the project specifics.
So potentially cheaper to produce the BCE but higher coal prices...whoa!
Exciting times you must admit.
Cheers K
MNM Price at posting:
10.4¢ Sentiment: LT Buy Disclosure: Held